What is the Best Fix and Flip Loan Available? A Valor Lending Loan!
ALL POSSIBLE WITH THE BEST FIX AND FLIP LOAN AVAILABLE AT VALOR LENDING GROUP
What if I was to tell you that Valor Lending Group can fund 10%-25% down on an investment property purchase and include 100% of the rehab funds? This is the Best Fix and Flip Loan out there! Borrowers can be first-time investors or full-time real estate entrepreneurs; Valor Lending can fund your investment property loan. 12-to-24-month terms and rates are available to accommodate your loan scenario.
Rehab loans are short-term real estate loan that helps first-time or seasoned investors purchase/rehab an investment property. Rates can be between 9.99% and 12% depending on credit scores, experience, loan-to-cost, after-rehab value, and reserve requirement. Always make Interest only payments throughout the term of the loan.
What are the benefits of securing the Best Fix and Flip Loan from Valor Lending Group?
One of the significant advantages of a renovation loan is the lower down payment. Depending on your investor experience, you can purchase the property as low as 10% down. A more down payment allows you to leverage your money and invest in more projects. This increases your buying power and mitigates the loss of all your capital.
The significant advantage of a renovation loan is 100% of the rehab cost is included in the loan amount. No out-of-pocket cost for the renovation! Most lenders accrue interest as drawn. If not all funds are used, the remaining funds can be reimbursed at the exit or end of the loan.
What’s the difference between a fix and flip loan and a construction loan?
Construction loans fund a new build from the ground up, up, changing the framing, square footage, or zoning.
Renovation loans are to upgrade the current structure, including flooring, drywall/paint, appliances, landscaping, etc. No major work or construction takes place.
Required documents for approval
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- Application
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- Valid Photo ID
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- Credit Pulled By Valor Lending Group
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- REO Schedule or Investor History. First-time investors welcome!
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- 2 Months of Business or Personal Bank Account Statements
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- Purchase Contact
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- Scope of Work
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- Licensed, insured, and bonded General Contractor
CALL David Christie TODAY FOR ALL AND EVERY LOAN SCENARIO (520)840-1206 or dchristie@valorlending.com.
